The two European companies are expected to proceed with drillings on plot 8 next autumn.
Read More »Yamal LNG Starts Gas Exports from Second LNG Train
The Yamal LNG production adds competitive LNG resources to our growing portfolio.
Read More »Toshiba Plans to Sell U.S. LNG Project to Cut Largest Risk
The company appears to have begun negotiations with multiple companies to sell the project.
Read More »OMV to Acquire Shell’s Gas and Liquids Portfolio
The acquisition will see OMV take ownership of Shell’s full New Zealand portfolio.
Read More »PetroChina. Qatar Holding Advanced Talks on LNG Supply Deals
Qatar is looking to expand its LNG capacity to 100 million tonnes per year from 77 million tonnes per year currently.
Read More »Iraq’s SGC Awards Flare Gas Contract to Baker Hughes
The modular solution will support power plants with dry gas for efficient power generation.
Read More »Rosneft Approves £1.5bn Share Buyback Plan
The firm will appoint an ``independent agent`` to execute the buyback.
Read More »BP Boss: It’s Time to See Bigger Picture
Media reports claimed Total is looking to sell off more than £1 billion worth of assets.
Read More »Petrobras Posts Biggest Profit since 2011 as Oil Price Rise
Sales rose in the second quarter to 84.4 billion reais. more than the 83.12 billion-real estimate of six analysts compiled by Bloomberg.
Read More »UNIPEC Suspends U.S. Oil Imports amid Growing Trade Dispute
UNIPEC and Sinopec are Asia’s largest refiner and biggest buyer of U.S. oil.
Read More »